DAKTRONICS INC (DAKT)
US2342641097 - Common Stock
Overall DAKT gets a fundamental rating of 5 out of 10. We evaluated DAKT against 127 industry peers in the Electronic Equipment, Instruments & Components industry. DAKT scores excellent on profitability, but there are some minor concerns on its financial health. DAKT has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year DAKT was profitable.
In the past year DAKT had a positive cash flow from operations.
Each year in the past 5 years DAKT has been profitable.
DAKT had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
DAKT has a Return On Assets of 1.89%. This is comparable to the rest of the industry: DAKT outperforms 53.60% of its industry peers.
DAKT has a Return On Equity (4.40%) which is in line with its industry peers.
DAKT has a Return On Invested Capital of 15.41%. This is amongst the best in the industry. DAKT outperforms 93.60% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for DAKT is in line with the industry average of 8.74%.
The 3 year average ROIC (9.95%) for DAKT is below the current ROIC(15.41%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.89% | ||
| ROE | 4.4% | ||
| ROIC | 15.41% |
ROA(3y)2.72%
ROA(5y)2.24%
ROE(3y)6.07%
ROE(5y)4.82%
ROIC(3y)9.95%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of DAKT (1.29%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of DAKT has grown nicely.
With a decent Operating Margin value of 8.58%, DAKT is doing good in the industry, outperforming 78.40% of the companies in the same industry.
DAKT's Operating Margin has improved in the last couple of years.
DAKT has a Gross Margin (26.00%) which is in line with its industry peers.
In the last couple of years the Gross Margin of DAKT has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.58% | ||
| PM (TTM) | 1.29% | ||
| GM | 26% |
OM growth 3Y44.25%
OM growth 5YN/A
PM growth 3Y23.23%
PM growth 5YN/A
GM growth 3Y2.81%
GM growth 5Y3.52%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so DAKT is still creating some value.
The number of shares outstanding for DAKT has been increased compared to 1 year ago.
Compared to 5 years ago, DAKT has more shares outstanding
DAKT has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.21 indicates that DAKT is not in any danger for bankruptcy at the moment.
DAKT's Altman-Z score of 4.21 is fine compared to the rest of the industry. DAKT outperforms 68.80% of its industry peers.
DAKT has a debt to FCF ratio of 1.65. This is a very positive value and a sign of high solvency as it would only need 1.65 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 1.65, DAKT is doing good in the industry, outperforming 76.80% of the companies in the same industry.
A Debt/Equity ratio of 0.31 indicates that DAKT is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.31, DAKT is doing worse than 63.20% of the companies in the same industry.
Even though the debt/equity ratio score it not favorable for DAKT, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 1.65 | ||
| Altman-Z | 4.21 |
ROIC/WACC1.47
WACC10.5%
2.3 Liquidity
A Current Ratio of 2.17 indicates that DAKT has no problem at all paying its short term obligations.
With a Current ratio value of 2.17, DAKT perfoms like the industry average, outperforming 43.20% of the companies in the same industry.
A Quick Ratio of 1.48 indicates that DAKT should not have too much problems paying its short term obligations.
The Quick ratio of DAKT (1.48) is worse than 60.80% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.17 | ||
| Quick Ratio | 1.48 |
3. Growth
3.1 Past
The earnings per share for DAKT have decreased strongly by -46.94% in the last year.
The Earnings Per Share has been growing by 66.03% on average over the past years. This is a very strong growth
Looking at the last year, DAKT shows a quite strong growth in Revenue. The Revenue has grown by 8.47% in the last year.
DAKT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.51% yearly.
EPS 1Y (TTM)-46.94%
EPS 3Y66.03%
EPS 5YN/A
EPS Q2Q%-70.37%
Revenue 1Y (TTM)8.47%
Revenue growth 3Y19.28%
Revenue growth 5Y7.51%
Sales Q2Q%4.49%
3.2 Future
DAKT is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -3.79% yearly.
DAKT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.02% yearly.
EPS Next Y-23.71%
EPS Next 2Y-3.79%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year3.15%
Revenue Next 2Y4.02%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 21.41, DAKT is valued on the expensive side.
Based on the Price/Earnings ratio, DAKT is valued a bit cheaper than the industry average as 73.60% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.73. DAKT is valued slightly cheaper when compared to this.
DAKT is valuated correctly with a Price/Forward Earnings ratio of 15.16.
Based on the Price/Forward Earnings ratio, DAKT is valued cheaply inside the industry as 81.60% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 22.83. DAKT is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.41 | ||
| Fwd PE | 15.16 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DAKT is valued cheaply inside the industry as 85.60% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of DAKT indicates a rather cheap valuation: DAKT is cheaper than 80.80% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.07 | ||
| EV/EBITDA | 8.57 |
4.3 Compensation for Growth
DAKT has a very decent profitability rating, which may justify a higher PE ratio.
DAKT's earnings are expected to decrease with -3.79% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-3.79%
EPS Next 3YN/A
5. Dividend
5.1 Amount
DAKT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
DAKTRONICS INC
NASDAQ:DAKT (12/20/2024, 8:04:44 PM)
After market: 16.7 0 (0%)16.7
-0.24 (-1.42%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners71.41%
Inst Owner Change-2.03%
Ins Owners5.71%
Ins Owner Change0.42%
Market Cap784.73M
Analysts85.71
Price Target17.09 (2.34%)
Short Float %4.31%
Short Ratio3.64
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)46.66%
Min EPS beat(2)22.55%
Max EPS beat(2)70.78%
EPS beat(4)3
Avg EPS beat(4)35.77%
Min EPS beat(4)-53.86%
Max EPS beat(4)103.62%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)5.22%
Min Revenue beat(2)-3.24%
Max Revenue beat(2)13.67%
Revenue beat(4)1
Avg Revenue beat(4)-3.63%
Min Revenue beat(4)-16.44%
Max Revenue beat(4)13.67%
Revenue beat(8)4
Avg Revenue beat(8)2.5%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.44%
EPS NY rev (1m)-13.59%
EPS NY rev (3m)-16.04%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.08%
Revenue NY rev (1m)-2.03%
Revenue NY rev (3m)-3.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.41 | ||
| Fwd PE | 15.16 | ||
| P/S | 0.97 | ||
| P/FCF | 17.07 | ||
| P/OCF | 12.36 | ||
| P/B | 3.29 | ||
| P/tB | 3.35 | ||
| EV/EBITDA | 8.57 |
EPS(TTM)0.78
EY4.67%
EPS(NY)1.1
Fwd EY6.6%
FCF(TTM)0.98
FCFY5.86%
OCF(TTM)1.35
OCFY8.09%
SpS17.27
BVpS5.07
TBVpS4.99
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.89% | ||
| ROE | 4.4% | ||
| ROCE | 19.5% | ||
| ROIC | 15.41% | ||
| ROICexc | 21.14% | ||
| ROICexgc | 21.47% | ||
| OM | 8.58% | ||
| PM (TTM) | 1.29% | ||
| GM | 26% | ||
| FCFM | 5.66% |
ROA(3y)2.72%
ROA(5y)2.24%
ROE(3y)6.07%
ROE(5y)4.82%
ROIC(3y)9.95%
ROIC(5y)N/A
ROICexc(3y)12.47%
ROICexc(5y)N/A
ROICexgc(3y)12.69%
ROICexgc(5y)N/A
ROCE(3y)12.6%
ROCE(5y)N/A
ROICexcg growth 3Y41.95%
ROICexcg growth 5YN/A
ROICexc growth 3Y44.63%
ROICexc growth 5YN/A
OM growth 3Y44.25%
OM growth 5YN/A
PM growth 3Y23.23%
PM growth 5YN/A
GM growth 3Y2.81%
GM growth 5Y3.52%
F-Score5
Asset Turnover1.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 1.65 | ||
| Debt/EBITDA | 0.84 | ||
| Cap/Depr | 89.74% | ||
| Cap/Sales | 2.16% | ||
| Interest Coverage | 19.09 | ||
| Cash Conversion | 71.21% | ||
| Profit Quality | 438.6% | ||
| Current Ratio | 2.17 | ||
| Quick Ratio | 1.48 | ||
| Altman-Z | 4.21 |
F-Score5
WACC10.5%
ROIC/WACC1.47
Cap/Depr(3y)123.3%
Cap/Depr(5y)103.63%
Cap/Sales(3y)2.93%
Cap/Sales(5y)2.68%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-46.94%
EPS 3Y66.03%
EPS 5YN/A
EPS Q2Q%-70.37%
EPS Next Y-23.71%
EPS Next 2Y-3.79%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)8.47%
Revenue growth 3Y19.28%
Revenue growth 5Y7.51%
Sales Q2Q%4.49%
Revenue Next Year3.15%
Revenue Next 2Y4.02%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-2.91%
EBIT growth 3Y72.07%
EBIT growth 5YN/A
EBIT Next Year9.14%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y158.48%
FCF growth 3Y-7.43%
FCF growth 5Y30.38%
OCF growth 1Y229.96%
OCF growth 3Y-1.52%
OCF growth 5Y16.44%